Everything you want to know about the real estate developer of Promenade Fifth Settlement

15th Feb 2020

Territory: New Cairo Compounds

Developer: Wadi Degla Developments

Wadi Degla's Promenade Project in Fifth Settlement

Wadi Degla is one of the leading companies in the real estate field. It has always strived to provide the best through its sophisticated residential projects. The company has huge financial investments that enabled it to implement many real estate projects in the North Coast, Ain Sokhna, Hurghada, Maadi, Fifth Settlement, New Cairo and other vibrant places in Egypt until it implemented Promenade Compound in Fifth Settlement which we will talk about now.

Everything you need to know about the map of Fifth Settlement compounds

Promenade Project in Fifth Settlement

Promenade Compound is one of the most luxurious residential units in Fifth Settlement where there are vast green spaces, gardens, parks surrounding the units while providing all services, facilities and recreational activities that meet the needs of residents and make them feel the luxury of living.

Promenade Compound Location

Promenade Compound is located in Fifth Settlement near Road 90 which is one of the important streets in Fifth Settlement that contains many services, restaurants, cafes and various commercial shops. The compound is also characterized by its proximity to Hyde Park Compound in New Cairo, the American University and Cairo Sporting Club. It is also close to all roads and transportation that allow you to reach all parts of Cairo and its suburbs.

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Promenade Compound Areas in Fifth Settlement

The compound was built on an area of 33 acres with the majority of space allocated to green spaces and the rest for buildings, facilities and services. The compound consists of 900 residential units with various areas between apartments, duplexes and penthouse.

The unit areas start from 150 square meters up to 180 square meters, and the duplex areas start from 255 square meters.

Services and Features of Promenade Compound in Fifth Settlement

Vast green spaces that occupy most of the compound area for relaxation amidst the charming natural atmosphere.
Gardens, parks and private paths for walking and cycling.
Various swimming pools, including indoor and outdoor pools.
A fully equipped gym with many modern devices, jacuzzi, spa and sauna.
A shopping mall with many international brands for all shopping lovers.
Wholesale markets to buy all your home supplies.
Various sports courts for all sports lovers and a private squash court.
Restaurants and cafes featuring wonderful romantic atmospheres and offering delicious recipes.
A clubhouse to practice many recreational activities.
Entertainment places for children and adults.
A secure indoor garage for cars.
Security, guards and surveillance cameras to secure you and your family.

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Promenade Compound Prices in Fifth Settlement

The price per meter for residential units starts from 13,000 EGP unfinished and 18,000 EGP super luxury finish. You can pay 8% down payment and install the rest of the amount over 10 years while enjoying all the services provided by the compound.

Apartment prices starting from 150 sqm are 2,850,000 EGP.
Apartment prices starting from 255 sqm are 2,306,000 EGP.

The Owning Company and Previous Works

The owning company of Promenade Project in Fifth Settlement is Wadi Degla Real Estate Development, which is one of the leading companies in the real estate field. The company has been keen to provide a new concept for residential life that keeps pace with developments of the current era. As for the company's history, it was established in 2005 and over those years it has implemented many successful real estate projects through which it has become able to compete with the largest real estate companies in Egypt. The company has huge financial investments that enabled it to establish many projects in different cities in Egypt.

The company was also able to establish its first project in Marina, which is Marina Wadi Degla, through which it achieved remarkable success. The company also owns many companies such as EG Pro Constructions, Wadi Degla Clubs, and other well-known companies. As for its real estate projects, the company has implemented a large number of projects, up to 19 projects in cities east and west of Cairo, Hurghada, Ain Sokhna, North Coast, and Fifth Settlement.

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Wadi Degla's Key Projects